4 ms·
I really like that Rocket Investments group that just copies existing products and launches them in into LATAM/Emerging markets. I think this is a German group
by arthurcolle 5y ago
I really like that Rocket Investments group that just copies existing products and launches them in into LATAM/Emerging markets. I think this is a German group - does anyone have any info on them?
- thenthenthen 5y agoThey are from berlin (rocket internet). Cant find it anywhere but heard a rumor they once sold a german ebay clone to Google for big $$$ by pretending to be a huge company. They hired a aircraft hangar for the occassion
- aledalgrande 5y agowow, guess due diligence wasn't in fashion at the time
- leobg 5y agoYeah. They started out in the early 2000s by selling overpriced ringtone subscriptions to minors, essentially.
- nicooo 5y agoThat was already their second gig. They made their first millions by copying eBay for Germany and selling it back to eBay 100 days after incorporation.